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      Question

      CAGR is a way to measure how an investment or business

      has grown over a specific period of time. It takes into account the effect of compounding, which means that the growth builds upon itself.What does β€˜C’ in CAGR stand for?
      A Calculate Correct Answer Incorrect Answer
      B Compound Correct Answer Incorrect Answer
      C Critical Correct Answer Incorrect Answer
      D Cashless Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Compound annual growth rate (CAGR) is a way to measure how an investment or business has grown over a specific period of time. It takes into account the effect of compounding, which means that the growth builds upon itself.

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